A small Canadian manufacturing company with a Federal tax rate of 11% and Provincial tax rate of 8% has an estimated taxable income of $117,859. Owing to an increase in business, the company is considering purchasing a new machine that will generate an additional (before-tax) net annual revenue of $50,000 over the next five years. The new machine requires an investment of $110,659. It will be depreciated at a declining balance CCA rate of 30%. What is the increment in income tax due to the purchase of the new machine in tax year 1?